Greenwich tax returns, from Woolwich to Blackheath

Do I need to file a tax return in Greenwich?

The quick answer: if you are self-employed, let property, have investment or foreign income, or earn over £60,000 with Child Benefit, you usually need to file.

As a Greenwich tax accountant we help owners of new-build flats on Greenwich Peninsula and in Woolwich, tradespeople and contractors in Charlton and Eltham, Blackheath professionals with investments and students’ landlords near the University of Greenwich.

Common reasons HMRC needs a tax return

• You are self-employed or a partner in a business
• You earn rental income over £1,000
• You receive dividends above £500
• You made capital gains above £3,000
• You have foreign income
• You or your partner earn over £60,000 and get Child Benefit
• HMRC sent you a notice to file

Self-employed tax returns in Greenwich

Tradespeople and contractors can claim tools, materials, vans and travel, and recover CIS deductions. We prepare accurate returns and file early when a refund is due. See self-employed accountants and add bookkeeping if you would like records kept for you.

Landlord tax returns in Greenwich

New-build flats often come with service charges and ground rent, which are allowable against rent. We also explain how mortgage interest relief works and plan for Capital Gains Tax on sale. Mortgage interest relief is a 20% tax credit, rising to 22% from April 2027 when property income gets its own 22%, 42% and 47% rates. More on landlord tax returns; for missed rent, the Let Property Campaign.

Selling a new-build flat

If you bought off-plan or a new-build flat and now let it or sell it, the gain is worked out from your total purchase costs, including fees, to your sale proceeds less selling costs. A UK residential gain must be reported within 60 days. We calculate it accurately and file both returns. See Capital Gains Tax.

Partnership tax returns

Partnerships, from family shops to professional practices, file a partnership return (SA800) plus each partner’s own return. We prepare both so the profit shares match. See partnership tax returns.

Capital Gains Tax reporting

Gains above the £3,000 annual exempt amount are taxed at 18% or 24%. A UK home you sell that is not your main residence must be reported, with tax paid, within 60 days of completion. Our Capital Gains Tax team handles both returns.

Foreign income reporting

UK residents are usually taxed on worldwide income, with foreign tax credit relief for tax paid abroad. Missed foreign income can be put right through the Worldwide Disclosure Facility.

Crypto tax reporting

Selling, swapping or spending crypto can create a gain, and staking is usually income. We apply HMRC’s pooling rules; see crypto tax returns.

What to send us for your Greenwich tax return

Most clients only need a few documents. We send a tailored checklist after your first call.

• P60 or payslips from any employment
• Bank statements or invoices for self-employed income
• Receipts for business costs, or a simple spreadsheet
• Rent statements from your letting agent
• Mortgage interest statements for rental properties
• Dividend vouchers and investment statements
• Details of any overseas income and tax paid abroad

Penalties for late filing

What if I miss the deadline? For returns up to 2025/26: £100 immediately, £10 a day after three months (up to £900), then 5% or £300 at six and twelve months. A points-based system applies to everyone from April 2027.

Why Greenwich clients choose Wingate

• Chartered Certified Accountants and HMRC registered tax agent
• Fixed fees from £150, VAT included
• Experience with landlords, the self-employed, partnerships, investors and overseas income disclosures
• Fast replies by phone, email or WhatsApp
• Also VAT returns, company accounts, payroll, HMRC disclosures and tax investigation support

Looking elsewhere in the capital? See Self Assessment tax returns in London.

Official guidance: Check if you need to send a Self Assessment tax return · Self Assessment deadlines